HOW CAN I START ONLINE BUSINESS IN INDIA
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## Starting an Online Business in 2020: Ideas and Tips In the modern world, an online business is no longer just a dream or an indulgence. The above infographic shows the exponential rise of internet users in India and Access to the internet is no longer a luxury but an accepted normalcy, making an online business a more viable option than ever. The ubiquity of mobile phone use on the Indian market, too, means that starting an online business in India is a more attractive option than ever. The World Bank assesses that 63% of people in India have access to some type of internet accessibility. This institutionalized opportunity makes starting an online business in India a great deal more accessible for anyone keening to seize the possibilities. ### What Types of Business Can I Start Online in India? The answer is: quite a lot! A part from the classic IT service providing and website designing, there are now a wealth of options available for online businesses in India. A few examples of common online businesses in India are content writing, travel consulting, digital marketing, e-commerce websites, SEO consulting, mobile apps, affiliate marketing, and 'gig economy' websites that offer services like housekeeping and electrician work. Due to the expansive opportunities available, now is a great time to start an online business in India. But how do you go about doing this? ### Step 1: Choose a Niche The beginning of any journey with an online business starts with deciding what your business will specialize in. Pick something you know and understand, something you can be passionate about, up to date on the current trends and technology, and that suits the resources you have available to you. A lot of online giants have come from small beginnings- the trick is to start small and perfect those core competencies instead of trying to spread yourself too thin. ### Step 2: Build Your Business Model It is important to remember that for every business you need a business model to ensure that you not only make a profit but keep it sustainable. It is always a good idea to have multiple revenue streams. Make sure that you price your products/services well so that you can get the most profit out of what you offer. By ensuring a versatile and well-thought-out plan, you can ensure the continued growth and stability of your business. ### Step 3: Market Your Online Business Marketing is the key factor to success for any business. Whatever you may be selling, the most important thing is that people know about it. Consider all types of internet marketing: email marketing, content marketing, social media marketing, Google and Bing Ads and affiliate marketing. It is also wise to seek out opportunities for your business to be visible offline. This can be done in the form of printed and physical media, billboards, and radio and television advertisements. ### FAQ **Q: What Are The Benefits of Starting an Online Business in India?** A: The primary benefit of starting an online business in India is the sheer market opportunity available. With India being the world’s second largest population and the global rise of mobile device usage, India’s online market is experiencing a robust and untapped marketplace. **Q: Where Can I Get Advice for My Business?** A: There are multiple resources available for someone looking to learn about running a business and overcoming the common business challenges. Local events and organizations, as well as social media pages and blogs, are good places to start to get advice and network with other entrepreneurs. Additionally, there are many business incubators that offer guidance and resources to startup businesses. ### Conclusion When deciding whether to start an online business in India, the key question is not if, but when? There has never been a more opportune time to begin your online business journey, and the scale of India’s internet usage means that there are possibilities and opportunities for your business to succeed. All it takes to get started is a bit of vision and perseverance, a scalable plan and the right opportunity. By following these steps and finding resources to help you create an effective business model, you can forge your own path towards success. Are you ready to get started?
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